The company will produce battery-grade critical materials that help power your cell phone,...
The company will produce battery-grade critical materials that help power your cell phone, laptop, and other daily used devices and cars.(nick doyle)

By Nick Doyle
Published: Jun. 18, 2024 at 5:18 PM PDT

RENO, Nev. (KOLO) – The U.S. Secretary of Energy, Jennifer Granholm is laying out the President Biden’s plan to restore America’s industrial and tech industries. The Secretary delivered a speech at Truckee Meadows Community College on Tuesday. The Secretary says, President Biden is deploying a local, regional, and national approach to lowering costs for American families and delivering new economic opportunities for American workers.

In the speech, Granholm says President Biden has a strategic plan, called “Investing in America,” to make America irresistible for clean energy investments, invest in American workers, and save money for working Americans by lowering costs.

Secretary Granholm says she recognizes China’s industrial dominance and believes the Inflation Reduction Act will benefit working Americans. “Up to the point President Biden took office, we had not engaged in an industrial strategy that allows us to compete with China. He passed a bunch of bills that gives us the basis of an industrial strategy that allows us to compete. Consequently, we had almost 700 factories announce that they are coming to America.” Nevada will also benefit. Nineteen companies have announced that they will be opening in the Silver State.

Secretary Granholm toured The American Battery Technology Company, a first-of-its-kind lithium-ion battery recycling technology plant in Sparks. According to the White House, “ABTC was awarded a $57 million grant through the MESC battery manufacturing and recycling program to design, construct. and operate a first-of-kind commercial scale facility to demonstrate its novel process for the manufacturing of battery cathode grade lithium hydroxide from unconventional Nevada -based lithium-bearing sedimentary resources. The project is anticipating to create 500 consturction jobs, 150 permanant operation jobs, and 25 internships.”

ABTC received $19.5 million credit (48C) to support the construction of the new facility for the recycling of lithium-ion batteries. The machinery is expcted to create 20,000 tons per year. The compnay would produce battery-grade critical materials such as, nickel sulfate, cobalt sultate, maganese sulfate, lithium hydroxide , spherical graphite, copper, and aluminum. “About 3 years ago, we here at ABTC developed a technology to access that lithium and we have now built this demonstration-scale facility, where we can process multiple tons per day of material,” said CEO Ryan Melsert. “Actually, we take claystone from our own resource and actually make a battery-grade lithium product. We do it in a purpose-built system that allows us to do it in an economically competitive fashion.” The company extracts lithium from claystone found in Central Nevada.

The battery company will specifically manufacture products to the battery-grade specifics of its customers, which will reintroduce and circulate products into the domestic US supply chain to create a closed-loop infrastructure.

Published by KOLOTV.com